Ariana Resources : AAU

News

• 22 Feb 2017 2 min read

  Ariana Resources potential for significant resource growth at Tavsan

  Ariana Resources (AAU:AIM) Completed a resource-focused target generation for the  Tavsan Project which is part of the Red Rabbit 50% joint venture with Proccea Construction Co. Sixteen target areas were identified, including the following important drill intercepts: 11m@5.11 g/t Au + 6.83 g/t Ag, 6m@3.37g/t Au + 3.67 g/t Ag and 9m@1.30 g/t Au + 4.32g/t Ag, […]

• 10 Nov 2016 2 min read

  Ariana Resources completes Tavsan scoping study, pre-tax IRR 80%

  Ariana Resources Plc (AAU:AIM) The completion of a scoping study for the Tavsan Project in Turkey reveals excellent results. Tavsan is part of the Red Rabbit JV with Proccea Construction Co. and will be 50% owned by Ariana once mine construction at the Kiziltepe Sector is completed in Q4 2016. The Tavsan project is planned to be […]

• 12 Oct 2016 1 min read

  Ariana Resources, Phase One drilling shows significant mineralisation

  Phase One drilling results from the Arzu Central target area at Kiziltepe, reveals continuity of mineralisation for at least a further 200m beyond the northern end of the current Arzu South pit and vein system appears to be increasing in width; says Dr. Kerim Sener. The initial round of drilling indicates significant mineralisation occurs within […]

• 03 Sep 2015 1 min read

  Construction starts at Ariana’s Kiziltepe gold mine: AAU

  Ariana Resources has commenced construction of its Kiziltepe gold mine, part of the 70%-owned Red Rabbit project, in western Turkey. When fully operational in H2 2016, the US$31 million open pit mine is expected to produce 20 koz/y of gold for 15 years at an average cash cost of US$600/oz. The pit contains 140 koz […]

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